Friday, August 31, 2018

Unemployment is so low there are no more available workers

Poland, yes Poland, is reporting an unemployment rate so low, 3.5 percent, that there is not just enough Polish workers available, but Ukrainian as well. Poland, so criticized for not accepting migrants have actually accepted well over a million immigrants from Ukraine (over million is legally employed), some of them displaced by fighting with Russian "little green people" in the East.

The things are "so bad" that even local governments will have to change the laws to employ Ukrainians, again, because there is not enough Poles to fill all those jobs. Even schools report similar problems.

To make things worse other European countries may open their borders to Ukrainian migrant. BTW, Polish economic growth just dropped 0.1 percent from 5.2 with an overall average of 5.1% this year.

I know at least one "former" politician in the US that asks himself: "you could do that?" Do you know whom I have in mind?